Answer:
The answer is: B) purchase records are not maintained.
Explanation:
There are two methods for estimating inventory costs:
- Gross Profit Method
: uses the information from the income statement. If operating conditions remain similar, the proportion between total sales, profits and COGS should be similar (lets say profit is 30% and COGS is 70% of total sales). You can estimate your inventory costs by using the information on total sales.
- Retail Method: It is used mostly by merchandising firms (retailers) that have consistent mark-ups. You have to determine the proportion between cost and retail price (lets say the COGS is 80% of the retail price). Then if you are given the retail inventory, you can determine the COGS using the proportion determined previously.
Answer:
Publicity, connections, promotion, tips, advice, business partners, investors, Offers.
Explanation:
Conventions and conferences for anything are always meant for meeting others like you. They are created for social connection.
Answer:
The answer would be A
Explanation:
It is not part of the labor force because it is not working in any way since it is studying full time, if she worked part time if it would be within the percentage of people who work.
Answer:
c. 2.35%
Explanation:
10 year T bond Yield = 5.05 % (let it be rT10)
10 year TIPS yield = 1.8 % ( let it be r* )
MRP = 0.9%
Expected Inflation = rT10 - r* - MRP
= 5.05 % - 1.8 % - 0.9%
= 2.35 %
Therefore, The expected rate of inflation over the next 10 years is 2,35%.
Answer:
a. 24,000
Explanation:
The estimate of the units produced is shown below:
= Sales units + ending inventory units - starting inventory units
= 23,000 units + 9,000 units = 8,000 units
= 24,000 units
We simply added the ending inventory units and subtract the starting inventory units from the sales units so that the correct quantities can arrive.